Oppenheimer analyst Timothy Horan says Comcast (CMCSA; CMCSK) reported a "solid" Q3, but notes that shares were likely impacted by comments surrounding AT&T's (T) $35 Over The Top service, which will be a slimmed-down service designed to expand the overall market initially. While the analyst points out that the "legitimate concern" is a wireless acquisition of T-Mobile (TMUS), he thinks this is a 2018 event and that Comcast can integrate cellular/WIFI to create a unique service. Horan reiterates an Outperform rating and $74 price target on Comcast's shares.
Comcast launched a feature that gives people with physical disabilities like spinal cord injuries or amyotrophic lateral sclerosis, or ALS, the ability to navigate their television using only their eyes. Xfinity X1 eye control is a web-based remote for tablets and computers that pairs with an existing eye gaze system and allows viewers to change the channel, set a recording, search for a show and more, all with a glance. In the U.S., more than 48M people live with physical or mobility disabilities and every day about 15 people are newly diagnosed with ALS, or Lou Gehrig's disease, a disease that attacks nerve cells in the brain and spinal cord. X1 eye control is free and uses a web page remote control that works with existing eye gaze hardware and software, Sip-and-Puff switches and other assistive technologies.